Pages, some stolen, some original

Monday, May 17, 2010

One Trillion Dollars, Again

Iaman reports:

Snippets from CSPAN interview with George Wilson, Defense Correspondent from the National Journal (yearly subscription rate is $1,160) this morning:
  • Defense spending this year including nuclear and VA benefits is $1 Trillion.
  • That is $1 Million per minute.
  • Defense spending is viewed by Congress as a job program
  • As such most programs are approved, even though .....
  • Pentagons Sec. of Defense, Robert Gates, wants to cut 5 major unwanted programs including the $1 Billion each Nuke Subs.
  • He can't, and probably will resign in disgust later this year.
  • US has 700 bases in 150 countries around the world, China has 0 in other countries.
Interesting Watchdog news source, citing Wilson's articles.

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